Monday, December 23, 2024
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US 30-year mortgage rises to 6.32%, biggest weekly gain since April, Freddie Mac says

(Reuters) - The average rate on the popular U.S. 30-year mortgage rate increased to 6.32% this week, its largest one week increase since April,...

Fed’s Bostic says labor market slowing but not slow, jobs gains ‘robust’

WASHINGTON (Reuters) - Last week's jobs numbers confirm the U.S. labor market remains strong even though it may be slowing, with a 4.1% unemployment...

Charting the Global Economy: US Labor Market Powers Forward

(Bloomberg) -- Surprisingly robust September job growth in the US undercut chances of another big reduction in interest rates from the Federal Reserve.Most Read...

Hot jobs report doesn’t change Fed’s rate ‘calculus’: Goolsbee

Chicago Fed president Austan Goolsbee doesn’t think a hot jobs report released Friday will alter the downward path of interest rates over the next...

Fed seen slowing rate-cut pace after strong US jobs data

(Reuters) - A surge in job growth last month will allow the Federal Reserve to eschew any further big interest-rate reductions and stick to...

Hong Kong Stocks Lead Asia Higher, Oil Rally Halts: Markets Wrap

(Bloomberg) -- Hong Kong stocks led gains among Asian equities ahead of US jobs data that will identify the path ahead for interest rates....

Markets in Europe and Asia are mixed, as Japan’s benchmark rebounds from Monday’s big tumble

HONG KONG (AP) — World shares were mixed on Tuesday, with Japan’s Nikkei 225 index regaining some of its sharp losses from a day...

Fed Chair Powell says the US economy is in ‘solid shape’ with gradual rate cuts coming

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline but suggested they would occur...

Fed’s Powell set to speak as economists fret about a policy mistake, election risk

By Howard SchneiderNASHVILLE, Tennessee (Reuters) - A mistake by the U.S. central bank in setting interest rates during the last phase of its inflation...

A critical labor report meets a stock market at record highs: What to know this week

Stocks drifted higher over the past week, with the S&P 500 (^GSPC) notching several record closes as investors digested more signs of cooling inflation...

Fed’s Cook says she ‘wholeheartedly’ supported half-point rate cut

(Reuters) - Federal Reserve Governor Lisa Cook on Thursday endorsed the U.S. central bank's 50-basis-point interest-rate cut last week as a way to address...

Fed’s Cook says she ‘wholeheartedly’ supported half-point rate cut

(Reuters) - Federal Reserve Governor Lisa Cook on Thursday endorsed the U.S. central bank's 50-basis-point interest-rate cut last week as a way to address...

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